When Energy and Innovation Meet
Keystone continues to implement the fund's energy investment strategy.
In February 2022, the fund completed the IPM transaction in which it acquired approximately 34% of the state-of-the-art dual-fuel plant, which began commercial operation in 2021, after being constructed in a record time of three years. The plant has an installed capacity of 451 megawatts. Most of manufactured energy is sold to the national grid, and the rest is sold to private sector.
Holdings
34.3% in the the power plant
(40.3% in the company that owns the land)
Area of activity
Energy
Scope of investment
NIS 608 million
Capacity
~451 MW